USDCHF Buyers attempt to take control again, with price fluctuations continuing
2026-08-12 03:27:25
According to CoinMeta, USDCHF buyers are attempting to take control again, with continued price fluctuations. The currency pair is currently above the 100-hour moving average of 0.80956 and the 200-hour moving average of 0.80902, extending today to the key range of 0.81079 to 0.81195. The current price is near 0.8112 and remains within this range. If it can stay above the 0.81079–0.81195 range and break through today's high of 0.8120, it will help buyers gain control of the situation and may push prices towards the 0.8153 area. On the other hand, if it falls below these two moving averages, it could change the technical trend. The market expects that tomorrow's release of CPI data from the United States will pose an important test to the bullish bias towards the dollar. CPI is expected to rise by 0.1% on a month-on-month basis, and the core CPI is expected to rise by 0.2%.
Source:Internet
This content is for market information only and does not constitute investment advice.
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